The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) today designated Iran’s largest digital‑asset exchange, Nobitex, and three other Iranian exchanges—Wallex, Bitpin, and Ramzinex. The action, taken under Executive Orders 13224 and 13902, cites the exchanges’ role in processing more than 50 % of all Iranian digital‑asset inflows in 2025 and facilitating transactions linked to the Islamic Revolutionary Guard Corps, terrorist activities, and sanctions evasion. OFAC also designated Nobitex chairman Amir Hossein Rad and several other officials. The designations block the exchanges’ property in the United States and prohibit U.S. persons from transacting with them. Treasury says the moves are part of its “Economic Fury” campaign to blunt Iran’s ability to finance the regime and its proxy groups.
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